Turo Like Car Rental App Ideas in 2025: Cost, Features & More

Owning a dream car can be a nightmare for those with limited income. People nowadays are shifting to a convenient and budget-friendly way to travel. Getting a car on rent can save on the costs of buying a luxurious and expensive car. A car rental app like Turo is making everything simpler and effortless. These apps connect car owners with renters. This peer-to-peer car rental platform is user-friendly and comes with flexible renting options. The car owners can list their vehicles and the renters can search for them based on their liking and budget. These apps make the renting process seamless with location-based tracking and secure payment methods. It is expected that by 2029, the number of users in the global car rental market will reach 815.31 million. The annual growth rate of this market is expected to be 3.49% till 2029. Creating these apps can help you build a strong brand identity and earn higher revenue.

In this blog, you can uncover all the secrets you need to know about how Turo works, features of an app like Turo, advantages for car rental businesses, and key sources of revenue. Let’s get started on this fun roller coaster journey to grab all attention and make big profits!   

What is Turo Car Rental Business Model?

Customer Segmentation

As per Turo's business plan, car owners and hosts are included in its customer segmentation.

Car Owners:

Here, the interested host or car owner registers for the app and can list their various cars along with their complete information. Prices for each car are either fixed by the owner or by the platform.

Renters:

The renter can sign in, select their preferred car from the list, and book it according to their favorable timings and location. If the host finds it suitable, they can accept the request and rent the vehicle to the renter.

How Does a Turo-Like App Work?

The business model of a Turo like app has a simple, efficient, and uncomplicated workflow. Let us understand it step-by-step.

For Renters

User registration: First, the user registers the application using details like phone number or email address and creates detailed profiles for further processing.

Select the preferred vehicle: To select their preferred car, they can view the available vehicles along with their complete details, such as features, model, price, insurance coverage, etc.

Confirm the Booking: Once the customer has checked all the details, they can confirm their vehicle booking based on a suitable date and time. Turo lets the user cancel their booking within 24 hours in advance with a full refund.

Pick up or Receive Delivery: It is their choice whether they want to pick up keys directly or want delivery services( which include extra charges)

Leave the review: After all this, the user can lead to their destination and leave reviews, sharing their overall experience with Turo.

For Car Owners

Registration Process: The owner registers with the app using phone numbers or email details.

Listing of vehicles: Next, they can list the countless number of cars on the platform, adding details such as features, model, type, pricing, etc.

Vehicle Verification and Identification Number: The owner needs to add to the post each vehicle’s inside-out images, license plate, and Vehicle Identification Number for proper credibility.

Earn Through Trips: Once the owner has listed all their vehicles with complete details, they can rent their cars to the renters and earn money, which is 60 to 90% of the direct deposit from the trip.

Key Features of Turo Car Rental Business App

Building a Turo clone app is a big responsibility, so you should be aware of your app's critical functionalities and what your clone application, like Turo, must include.

User Registration and Authentication

As per Turo's business plan, the app must allow the user to register smoothly through a phone number, email, or social media account. It must also create a detailed profile of every host and renter with complete information, including contact details, previous history, etc. To ensure security, it must also support two-factor authentication and generate a time-sensitive code that the user enters while logging in.

Car listing with Search Filters

Next, the Turo like app must allow car owners to list their vehicles in order with complete descriptions, high-quality images, pricing, and terms and conditions. There should also be advanced filters so renters can easily search cars based on their model, price, location, reviews, etc.  

Real-Time Car Booking

According to Turo car rental business model, the app must provide a complete calendar view. It enables car owners to administer the cars and renters to book cars according to their suitability. Adding these features reduces confusion and minimizes booking errors like double booking.

GPS and Live Tracking

Isn’t it unfair that a car rental app doesn’t include tracking features? Yes, right? So, the app must be integrated with GPS and live tracking features. This is extremely necessary for security purposes and helps hosts with easy pick-up and drop-off.

In-App Messaging & Multi-Language Support

Instant in-app messaging features are necessary for smooth communication between the host and the renter. It must use push notifications to send quick reminders and resolve on-time queries. Not everyone understands the same language, so the website should support multiple language feature. This helps reach a wider audience, reduces bounce rate, and improves customer experience. 

Quick and Secure Payment Method

Quick and secure payment processing is an essential step while renting any vehicle. So, ensure the app supports multiple payment options such as mobile wallet, Credit card, debit card, etc. A secure payment process minimizes issues and provides a smoother workflow between both parties.

Top-Notch Customer Support

Who will you reach out to when there is a technical issue with the clone app? The app must include completely trustworthy customer support through various channels, such as text, email, phone calls, etc.

Additional Features and Functionalities

Nowadays, technology has taken place in every sector to increase functionality and scalability. Therefore, consider adding some additional advanced features to your Turo app. You can integrate augmented reality to give renters a real-time driving view. Additionally, blockchain technology can be utilized to ensure transparent and secure transactions. It undergoes a decentralized verification process that eliminates the need for any intermediaries, reducing risks and errors.

Factors that Set Turo Car Rental Business Model Apart

Look at the points below and learn how Turo became fascinated with the car rental business model: 

Flexibility and Adaptability

Turo is simply a peer-to-peer business plan where hosts rent their vehicles to renters. There isn’t any need to manage inventories or coordination channels.

Improve User’s Experience

Turo’s user-friendly app and website allow hosts to easily list vehicles, book renters, and manage payment transitions. Its stunning features like” Turo Go” enable users to remotely unlock cars along with other conveniences, to improve their experience.

Insurance Coverage

As per Turo car rental app business model, car owners and renters are provided with insurance and security. This includes liability insurance, physical damage, accidents, etc.

Vast Variety of Vehicle Options

Each renter has countless vehicle options to choose from based on their preferences. This, therefore, caters to multiple customer needs, making it a suitable option for them.

24/7 Customer Support

Turo provides 24/7 customer support to solve the queries of both hosts and renters.

Safety and Security Measures

Turo provides liability insurance, excellent customer support, ratings & reviews, road site assistance, and secure payment transactions.

Turo Revenue Model: How To Make Money Through It?

Turo's business model provides numerous ways to generate revenue and help entrepreneurs boost their income, ensuring growth in the business world. The following are some of those.

• Commission Charges

Turo's main source of income is commission from every rental transaction. It deducts 10 % to 40% of the commission, and the rest is for the host. This deduction is based on the insurance plan selected by the host.

• Host fee

As per Turo's business model, hosts pay damage fees( only when the images are not provided), privacy policy violations, car misrepresentation, etc.

• Delivery Fee

Sometimes, the host provides the pick-up and drop-off service, and the renter pays the car owner for this. The app takes a portion of this amount for maintenance, and the rest is credited to the host only.

• Extra Charges for Extra Miles

The business model of car rental app like Turo charges extra for taking a ride for extra miles. The app takes around 10 % to 30 % of the rental price, depending upon the total extra distance covered and the car type.

• Cancellation Fee

According to Turo's business plan, users can cancel their car bookings only within one hour or before 24 hours. After this, they must pay additional charges.

Advantages of the Business Model of a Turo Clone App

As per the business model of a Turo Clone app, the following are its value proportions: 

Access to a Larger Selection of Vehicles: Renters can find their desired vehicle using advanced search filters, categorized according to model, price, features, etc.

Flexible Scheduling: Turo offers flexible scheduling options for both host and renter. The renter can book the vehicle according to the suitable times on the list. Alternatively, the host can change any vehicle's pick-up and return hours at any time with some settings.

Insurance Coverage for Safety: Both renters and hosts have insurance coverage of up to $750,000.

Background Screening of Drivers: Turo conducts background screening of drivers to check any criminal record or offense, ensuring safety and security for Turo Users.

Competitive Rates: The platform claims its service costs are 35% cheaper than other car rental services, especially for particular vehicles and extended trips.

How Much Does It Cost to Build A Car Rental App?

 The cost to build a car rental app depends on various crucial factors like. 

User Interface of the App

The average cost to develop the app depends on its user interface. A simpler interface is cheaper than a complex interface. A car rental app with a complex interface comes with features, like dashboards and real-time data analysis for decision-making.

Estimated Cost Based on the User Interface

• Basic User Interface: $10,000- $20,000
• Complex User Interface: $20,000- $25,000

Features of the App

The more features you add to your app, the higher the cost. (Remove this: For example,) You will have to pay more for additional integrations like AI chatbots and Augmented reality. But you can choose to build a Minimum Viable Product (MVP) to save on the costs. MVP is suitable for businesses that want to get an app like Turo with basic features. The basic features include user login and a simple messaging feature.

Estimated Cost Based on the App Features

• Basic App: $10,000- $15,000
• Moderately Complex App: $15,000- $20,000
• Advanced App: $20,000- $25,000

App Platform

You choose native or cross-platform apps, and the cost of your app will vary accordingly. Launching your app on both iOS and Android can improve your business reach. But the cost of building an app for multiple platforms is higher.

Estimated Cost Based on the App Platform

• iOS or Android: $10,000- $20,000
• Both iOS and Android Platforms: $20,000 - $25,000

Considering these factors can help reduce your spending for rental cars like app development. This can help your business create a budget-friendly app to enter the rental market with confidence!

Choose Suffescom to Build a Car Rental Business App Like Turo

Suffescom develops an innovative car rental app like Turo. Our professional team has the skills and expertise to give shape to a profitable rental app. We create a modern car rental app that offers convenience and flexibility to the users. Opt for our Turo clone development solutions that suit your unique business requirements. Reach out to our experts and start building your dream car rental app today! 

FAQs:

1. What Do I Need to Start a Business with Whitelabel Car Rental App Solutions?

You should consider these factors when starting a business with whitelabel car rental app solutions.

• Understand the Turo Business plan in detail.
• Identify your target audience and research your market.
• Choose suitable vehicles and make use of their insurance.
• List your vehicles with proper descriptions and high-quality images.
• Market your cars and earn profits.

2. What Technologies Does a Turo like App Use?

A Turo like app comes with real-time tracking and advanced technologies to allow the users to track and protect their vehicles.

3. How Much Does an MVP for a Turo Clone App Cost?

The cost of a Minimum Viable Product (MVP) for a Turo Clone app depends on the basic features that you include in the app, like user login or search options. But the cost will depend on the number of features and the type of app.

4. Are Business Ideas Profitable for a Car Rental App like Turo?

Yes, launching a car rental app like Turo with a web3 car rental marketplace development company can bring good profits for your business. It offers multiple revenue options, such as commission fees and service fees.

• Start Car Rental Business USA
• Car Rental Marketplace
• Build A Car Rental Marketplace